Palmu

Palmu is a Japanese community-style live streaming platform operated by Light Inc., enabling users ranging from everyday individuals to professional models and singers to broadcast and interact in real time. The platform differentiates itself through a reward system where streamers earn points redeemable for cash, free gift coins distributed via login bonuses and viewing activity, and competitive events where winners earn advertising appearances. Built on blockchain technology for its reward economy, Palmu has raised a total of approximately 2.15 billion yen across funding rounds including a Series B extension of 1.11 billion yen with investors such as SMBC Venture Capital, SBI Shinsei Corporate Investment, Global Catalyst Partners Japan, and Spiral Capital. The app is popular with Japanese youth and operates within Japan's rapidly growing live streaming market driven by 5G adoption.